Lake Toxaway is the largest privately held lake in North Carolina. The lake, developed by the Lake Toxaway Company, is man-made and covers 640 acres (2.6 km²) 60 feet (18 m), and the shoreline is 14 miles (23 km). Water sources for the lake include multiple free flowing mountain streams with the Toxaway River being the main source. The lake flows out onto Toxaway Falls and then continues down the Toxaway River.The main road through the Lake Toxaway area is U.S. Highway 64, a typical mountain road, winding with tight turns. Lake Toxaway history encompasses two distinct periods of time.